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AgdaPkt 2012-02-27
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AgdaPkt 2012-02-27
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Last modified
2/28/2012 4:08:32 PM
Creation date
2/23/2012 4:38:49 PM
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Template:
CC Index
CC Index - Document Type
Agenda Packet
Meeting Type
Joint
Agency Type
City Council
Date
2/27/2012
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6. 1. F. - Page 15 <br />requiring 30 days written notice to CITY in the event of cancellation or material change in <br />any scheduled policy. <br />4) With regard to the liability insurance policies required above, such insurance <br />policies shall name CITY as an additional insured on endorsements ISO CO 20 10 10 01 <br />and CO 20 37 10 01, or broader, with completed operations coverage. <br />5) All policies required hereunder shall provide for the following: (i) name as <br />additional insureds the City and its officers, agents and employees; (ii) specify that such <br />policies are primary insurance to any other insurance available to the additional <br />insureds, with respect to any claims arising out of this License and that insurance <br />applies separately to each insured against whom claim is made or suit is brought, except <br />with respect to the insurer's limit of liability, and (iii) include a waiver of subrogation <br />endorsement or provision wherein the insurer acknowledges acceptance of BIAC's <br />waiver of claims against City. Such policies shall also provide for severability of interests <br />and that an act or omission of one of the named insureds which would void or otherwise <br />reduce coverage shall not reduce or void the coverage as to any insured, and shall <br />afford coverage for all claims based on acts, omissions, injury or damage which <br />occurred or arose (or the onset of which occurred or arose) in whole or in part during the <br />policy period. Sudden and accidental pollution coverage in the liability policies required <br />hereunder shall be limited to losses resulting from BIAC's activities (and BIAC's Agents <br />and Invitees) under this License (excluding nonnegligent aggravation of existing <br />conditions with respect to Hazardous Materials). <br />6) Prior to the Commencement Date of this License, BIAC shall deliver to City <br />certificates of insurance and additional insured policy endorsements from insurers in a <br />form satisfactory to City, evidencing the coverages required hereunder, together with <br />complete copies of the policies at City's request. In the event BIAC shall fail to procure <br />such insurance, or to deliver such policies or certificates, City may procure, at its option, <br />the same for the account of BIAC, and the cost thereof shall be paid to City within five <br />(5) days after delivery to BIAC of bills therefore. <br />7) Should any of the required insurance be provided under a form of coverage that <br />includes a general annual aggregate limit or provides that claims investigation or legal <br />defense costs be included in such general annual aggregate limit, such general <br />aggregate limit shall double the occurrence or claims limits specified above. <br />8) Should any of the required insurance be provided under a claims made form, <br />BIAC shall maintain such coverage continuously throughout the term of this License and, <br />without lapse, for a period of three (3) years beyond the License expiration or <br />termination, to the effect that should any occurrences during the License term give rise <br />to claims made after expiration or termination of the License, such claims shall be <br />covered by such claims -made policies. <br />9) BIAC's compliance with the provisions of this Section shall in no way relieve or <br />decrease BIAC's indemnification obligations under this License or any of BIAC's other <br />obligations hereunder. Notwithstanding anything to the contrary in this License, this <br />License shall terminate immediately, without notice to BIAC, upon the lapse of any <br />required insurance coverage. BIAC shall be responsible, at its expense, for separately <br />insuring BIAC's personal property. <br />ATTYIAGR /2012.005 1BIAC USE AGREEMENT (APN OF;2- 39$ -00) <br />REV:01 /17112 <br />Paige 12 of 31 <br />
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